Wesdome Gold Mines (TSX: WDO)
Announced additional drill results from the recently discovered Falcon 311 Zone hosted in volcanics west of the mine diorite at the Company’s wholly-owned Eagle River Mine near Wawa, Ontario. Continue reading
Tag Archives: Wesdome Gold Mines
Wesdome Drilling Continues to Return High Grades
Wesdome Gold Mines (TSX: WDO)
Announced additional drill results from the recently discovered zone hosted in volcanics west of the mine diorite and additionally from mineralization identified along the eastern margin of the mine diorite at the Company’s wholly-owned Eagle River Mine in Wawa, Ontario. Continue reading
Wesdome Drilling Expands High Grade Zone
Wesdome Gold Mines (TSX: WDO)
Announced results from the ongoing underground exploration drilling program at the Company’s wholly-owned Eagle River Mine in Wawa, Ontario. Continue reading
Wesdome Gold CEO Falls on His Sword
Wesdome Gold (TSX: WDO)
CEO Duncan Middlemiss would appear to have fallen on his sword after submitting his resignation yesterday after a year of poor performance and missed guidance for Wesdome Gold Mines.
The market has reacted to the recent problems at the company and the CEO has resigned. Normally this is likely to be seen as a positive, but in this case it has unnerved investors. Continue reading
Wesdome Gold Declares Commercial Production at Kiena
Wesdome Gold Mines (TSX: WDO)
Announced that commercial production has been achieved at the Company’s Kiena mine in Val d’Or, Quebec effective December 1st, 2022. Continue reading
Wesdome Announces Q3 Financial Results
Wesdome Gold Mines (TSX: WDO)
Announced its third quarter financial results.
The company recorded a loss for the quarter, and AISC were US$1,698, although these will reduce once full production resumes. Guidance is now at the low end of expectations for 2022. Continue reading
Mining Review 23rd October 2022
Mining Review 23rd October 2022
A better week for gold and silver, and their associated ETFs, but industrial metals were mostly static. Lithium reached a new all time high in China.
Ascot Resources, Cyprium Metals, Eloro Resources, Nouveau Monde, Radisson Mining and Wesdome all reported news this week. Continue reading
Wesdome Announces Q2 2022 Production Results
Wesdome Gold Mines Ltd. (TSX: WDO)
Announced second quarter 2022 production results.
“one time operational issued” effected production this quarter. […] Continue reading
Mining Review Sunday Update 5th June 2022
Mining Review Sunday Update 5th June 2022
Companies in the news this week included Cornish Metals, Impact Minerals, Karora Resources, and Wesdome.
Gold was hit by a rising US dollar although the rise might be over now. Continue reading